Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.


From
Malte Humpert
via
gCaptain
China’s NewNew Shipping Line Pushes Deeper Into Arctic With First Murmansk Container Run
Chinese container carrier NewNew Shipping Line has expanded its footprint in Russia’s Arctic with the first delivery of containerized cargo to Murmansk via the Northern Sea Route, as the company moves toward a larger role in a shipping corridor attracting growing interest from China, South Korea and India.

From
The Loadstar
via
gCaptain
Panama Canal Draught Restrictions Set to Add to Congestion Chaos
Waterways the world over are contending with all manner of chaos, especially the Panama Canal where congestion is worsening as a consequence of the war in the Middle East and low-water restrictions loom.

From
Bloomberg
via
gCaptain
US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico
The US Treasury sanctioned a fleet of fishing vessels suspected of smuggling tons of cocaine to Mexico each month, ultimately bound for the US.

From
Reuters
via
gCaptain
Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines
Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership.

From
Bloomberg
via
gCaptain
Piracy Observer Says Somali Incidents Rising as Navies Stretched
The world’s top maritime piracy observer said incidents off the coast of Somalia are on the rise again after a pair of fresh attacks this week — as two major regional conflicts stretch naval forces in the area thin.

From
Mike Schuler
via
gCaptain
Ukraine Says Russia Hit 52 Civilian Ships in Six Weeks as Black Sea Attacks Escalate
Russia attacked 52 civilian vessels in the Black Sea during July and the first half of August, according to Ukraine’s infrastructure ministry, highlighting a sharp escalation in attacks on commercial...

From
Mike Schuler
via
gCaptain
Panama Canal to Cut Daily Transits as Optimistic Water Outlook Fades
The Panama Canal is cutting daily transit capacity and overhauling its auction system as below-expected rainfall puts renewed pressure on the waterway’s freshwater supplies, just months after officials said they...
The APS Information Center
For detailed updates and additional resources, explore our resources section.

From
Austin Schroeder
via
Barchart
Corn Slips into Monday’s Close
The corn market failed to hold the early session strength on Monday, with contracts ending the session with fractional losses in the front months. The front month CmdtyView national average Cash Corn price was unch at $4.55 1/2. Crop Progress data from this afternoon showed the US corn crop at...

From
Austin Schroeder
via
Barchart
Wheat Falls on Monday, with NASS Ratings Slipping
The wheat market posted Monday losses across the three exchanges. Chicago SRW futures were down 10 to 11 cents in the front months at the close. Kansas City HRW contracts were 6 to 7 cents lower on Monday. MPLS spring wheat was down 5 to 7 cents across the front...

From
Ben DiCostanzo
via
Barchart
Cattle Markets Rally Early and Fall Back
Cattle markets can't hold early enthusiasm as outside markets break down weakening sentiment

From
Oliver Sloup
via
Barchart
Grain Markets Gain to Start the Week
Grain markets are firm to start a new week of trade, with several contracts knocking on the door of a potential breakout move. These are the levels to keep an eye on for corn, soybeans, and wheat.

From
Chris Swift
via
Barchart
Shootin' the Bull about who is the buyer?
My perception of the market differs from the first of April high to the end of April high.

From
Mike Schuler
via
gCaptain
Massive Surge in Transpacific Blank Sailings Amid U.S.-China Trade Tensions
Container shipping lines have dramatically increased blank sailings on Transpacific routes in response to escalating trade tensions between the U.S. and China, according to a new report from Sea-Intelligence. The...

From
Austin Schroeder
via
Barchart
Corn Mixed at Midday
The corn market is holding steady on Monday, with front months up 1 to 1 ½ cents and new crop corn slipping back, down ¼ cent. The front month CmdtyView national average Cash Corn price is up 1 ¼ cents at $4.56 1/2. Export Inspections data showed a total of...

From
Austin Schroeder
via
Barchart
Wheat Back to Monday Midday Losses
The wheat market is trading with midday losses on Monday. Chicago SRW futures are down 8 to 9 cents so far at midday. Kansas City HRW is trading with 6 to 7 cent losses on Monday. MPLS spring wheat is down 6 to 8 cents across the front months. The...

From
Austin Schroeder
via
Barchart
Soybeans Falling from Early Monday Strength
Soybeans are showing midday losses on Monday, with contracts down 3 to 5 cents so far. CmdtyView’s national front month Cash Bean price was down 2 cents at $9.85 3/4. Soymeal futures are down $2.60/ton, as Soy Oil futures are back down a couple points. Weekly Export Inspections data tallied...

From
Reuters
via
gCaptain
Sino-US Trade War Redrawing Global LPG Trading, Outlook
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
